Janus International Group, Inc. (NYSE:JBI) Receives $8.33 Average Price Target from Analysts

Janus International Group, Inc. (NYSE:JBI) has been assigned an average recommendation of “Hold” from the five brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $8.3333.

Several equities analysts have issued reports on JBI shares. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. Wall Street Zen cut shares of Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. UBS Group decreased their price target on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. Finally, KeyCorp decreased their price target on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a research report on Thursday, March 5th.

Institutional Investors Weigh In On Janus International Group

Several large investors have recently modified their holdings of JBI. Royal Bank of Canada increased its position in shares of Janus International Group by 23.6% during the first quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock worth $1,084,000 after buying an additional 28,709 shares during the period. AQR Capital Management LLC increased its stake in Janus International Group by 66.4% in the first quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock valued at $1,963,000 after purchasing an additional 108,809 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Janus International Group in the first quarter valued at $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Janus International Group by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock valued at $2,014,000 after purchasing an additional 14,125 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Janus International Group by 118.1% in the first quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after purchasing an additional 102,679 shares in the last quarter. 88.78% of the stock is currently owned by institutional investors and hedge funds.

Janus International Group Stock Performance

Shares of Janus International Group stock opened at $5.36 on Wednesday. The company has a 50 day moving average of $5.22 and a 200-day moving average of $6.04. Janus International Group has a 1-year low of $4.26 and a 1-year high of $10.80. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96. The company has a market cap of $743.60 million, a PE ratio of 17.27 and a beta of 1.48.

Janus International Group (NYSE:JBI) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.09). The company had revenue of $222.70 million during the quarter, compared to the consensus estimate of $219.21 million. Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. Janus International Group’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.13 EPS. As a group, equities research analysts forecast that Janus International Group will post 0.5 earnings per share for the current fiscal year.

Janus International Group Company Profile

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.